XRP Slips Below Key Level Against Bitcoin: What Traders Should Watch Next

The battle between XRP, the third-largest cryptocurrency by market cap, and Bitcoin (BTC) continues to show signs of weakness for the altcoin. A key technical indicator, the Bollinger Bands, is now signaling bearish momentum for XRP in its BTC trading pair.

Bollinger Bands—a popular tool in technical analysis—use a 20-day moving average flanked by upper and lower bands to indicate volatility and momentum. On the daily chart, XRP has recently broken below the middle band, often considered a neutral support level. This move suggests increased downside risk, with the lower band currently positioned at 0.00002582 BTC—approximately 4.02% below the current XRP/BTC exchange rate.

This technical breakdown can be interpreted in a few ways. First, XRP may continue to underperform Bitcoin. If the overall market trends upward, BTC could gain faster, while if prices decline, XRP might fall more sharply. Another possible scenario is a broader market strength in Bitcoin while altcoins, including XRP, remain stagnant.

However, there’s still a wildcard. If XRP quickly rebounds above the 20-day moving average, the bearish outlook would be invalidated, potentially shifting the market structure in XRP’s favor.

With volatility returning to crypto markets, traders are closely watching this XRP/BTC pattern for signs of what’s next. Will XRP recover, or continue its slump against Bitcoin? Only time—and the chart—will tell.